Market seems to be BEARS in nature. Greater selling opportunities very noticeable TRADE: At the point of contact with the 50 period MA and the 100 period moving average, trade a short position
The USD/JPY just got past its very strong resistance level at 106.098. The MACD indicates a BULL and the contact with the bollinger bands also signifies a BULL TRADE: Wait for the retracement to retreace back 100% of the extension then SELL 'OR' The strong resistance converts to a resistance level, an opportunity to SELL too
The evidence of a soon-to-come bear trend 1.The uncertainty in the candlestick formation 2.The content with the bollinger bands 3.The MACD indicator, if it should cross contact.
There is a support level that is also close to the Fib Retracement at 0.5. This is evident of a bullish market
The formation shows a bearish gartley, which means the market will fall Also coupled with the fibonacci retracement indicator that shows a downtrend around a primary resistance level which indicates a fall in the maarket
The EUR/USD still shows some level of bears, it's better to wait and monitor the market for it to be a fully bullish market There is a resistance at the 0.618 Fib Retracement which is a potential buying spot. Good Luck trading!!
The market seems to be in a ranged market formation. But there also seems to be an uptrend somewhere around the top of the major resistance level I predict it will hit the support level of the small uptrend market and rise up to the yellow spot over there Goodluck!!
The USD/JPY seems to be creating a form of ranged market. The white spot are the two reactive lines in the fibonacci replacement for a strong bear or it will create a support level for a bull. I go with the formation of a bull though. It will hit the strong resistance level at price 109.400.
The black markings spot on the chart always indicates the formation of a BULL!! It proved itself at the 1st spot at price 1.07836, the 2nd spot at price at 1.9000 and the 3rd at the price at 1.08589. On the fibonacci Replacement, it is heading towards a reactive support level at price 1.09453. There is every possibility that it will turn to a bear anytime soon or later!!
The market is showing a tendency to be an uptrend right now!! This is because of the fibonacci replacement at the resistant level line and therefore it is about to bounce back up from the support level
The Fibonacci Replacement indicator shows an effect in the market of the USD/EUR. Its most likely a market full of Bulls. Lets make a fortune together!! Good luck!!.
There is a downtrend in this chart. The bounce back spot is at the support level and bounce back to the resistance level.
The market is at full speed to the resistance level. If it hits the resistance level, it will either break the resistance level OR head back to its support level
The weekly time frame of the EUR/USD shows that the trend is bearish. It will head back upwards to the resistance level and that is the best selling opportunity because of the strong selling presence. JUST BE PATIENT.
First of all, the GBP/NZD has obvious tendencies to fluctuate around the price at 1.95265 making it act like a support level and resistance level at the same time. There are two resistance level, the weak resistance level at 2.00121 and the strong resistance level at 2.04680 and also a general support level at 1.83351. I predict the trend to form a bear and hits...
The USD/CAD is still bouncing up and down the support level at 1.30518 and resistance level at 1.33344. Right now, it is going on a bearish trend, although the sentimental indicator says buy, don't bother about it anyways.
The fibonacci series of the EUR/USD is made obvious such that the trend started at the beginning of the fibonacci series at 1.08909 and is about to end at the same spot at 1.08909. I predict that the trend will be rocket upwards after the trend hits the support level. Thank you very much and don't forget to hit the like button.
The market of the CANADIAN dollar has been on a back and forth motion along the support level at 1.30500 and resistance level at 1.33334 It will either continue or it will break out of the resistance level and continue on an unknown adventure GOODLUCK!!